Can someone explain to me why anyone would pay $1.60 for this LIC when it's NTA is less than $1.30?
I understand that they have about 3-4 years of guaranteed dividends but buying at such a premium doesn't make sense.
Can someone explain to me why anyone would pay $1.60 for this...
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Last
$1.20 |
Change
0.005(0.42%) |
Mkt cap ! $244.8M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.19 | $206.4K | 172.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 50840 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 31382 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| WAX (ASX) Chart |